You can see history of deposits.. in and out.. if you using apps.. scroll down a bit more and you are history and can be sorted by account. By default is all accounts. If you tab asm2 it will bring you into asm2 info and before are the history in and out.

Realized what? Asm2 not good? I still think it is good. This economy and state 3.75% not bad already.

Can give example of 5% or 10% p.a. in sg kah? I looked at the reits you mentioned. I checked all 4 of the maple reits and only see one that is past 5% p.a. and it's like not consistent also. Any other example? What about the 15% p.a. for life you mentioned previously? What's that?

I still holding coz i still not confident putting money outside of malaysia and for Malaysia asm2 is as good as it gets. I still looking and studying and persuading myself to try though.

You need to register the bank details with them and they will verify it which takes a few months. Once verify they will let you withdraw to that bank account only. When you register, it must be under your name only and they do verify it is. So you are pretty safe there plus max of 2k per month only. 2k per month means 2k one shot or 500, 500 and 1k (3 transaction max). Not 2k, 2k and 2k.

You don't so bad bad la.. already so many bad news still add salt. Plus 3.75% on such bad market consider ok la. Sigh.. cannot retire early. Need to work extra few years

Aduh... Bad news all over...

gov remove petrol subsidy and stuff coming soon next year...

Like this is all in effect... 10% dividend also not enough lo..

You are a hairy, lizard.. i mean you are a hairy wizard... I mean you are a wizard, harry...

They are the same. But apps can do on phone so that's my method of choice. Faster and easier to click.

Same same only

It will be worse coz gov servant increase salary by additional rm100 min... Aka.. everything will raise in price and it will go viral up plus it will never go down in price even if petrol price goes down. 12%? That's a joke. Even 20% i not surprised.

Why not go to asnb counter and fill in the form to transfer direct? I think a small fee of 15 and you can transfer how much they willing. More secure plus all units you capture for a small fee. The problem is they need to be there with you coz they need to sign the documents.

Looks fine to me.

He was referring to the news article i linked just now. Maybank IB (investment bank) predict around 12% inflation if removed ron95 and diesel subsidy next year.

Probably "copy and paste" rates. 😂 It should be more. Increase gov salary, increase transportation cost. Basic salary increase extended to less than 5 employees, no more low value (rm500) tax exemption including local delivery (double charge, one when produce or import and one when you send by post so shopee and Lazada will suffer), increase cost of import due to lower exchange rate hence increases cost to produce.. all add up 20% is already too optimistic lo.

Don't agree.

We should get rid of all "U" and "P" ppl and put qualified ppl in. Not those who knows nothing and talk rubbish one. We are actually very strong nation in terms of resources and stuff... Sigh.. looks like i have no choice but really need to look at Singapore for now

No limit. And no.. you can still buy.

Gg.. asm 3 announced 3.75% as expected

asm3 DIVIDEN announcement

I can vouch for what ikan bilis said. Accumulate 10k ASM1 over the past 3 nights waking up at 2am (actually i sleep late so i just stay until then) and i can get 3k first night, 3k second night and 4k this morning. This morning unique coz at 2am the apps says error cannot do anything at 2am and i waited until i officially going to bed (3.59am) and tried and got 4k one shot. I was moving funds from KDI save (3.5% EAR or 3.44%/365 a day interest) slowly to asm1. The amount as stated. 3k 3 days ago (first time can buy, 3k second night and 4k this morning). The money was suppose to be accumulate to buy stocks when recession hit but i change my mind 3 days ago coz i have been wanting asm1 for years but never get. I also got some asm3 past month. But asm1 my top priority.

As for why? Coz ASM no matter what is backed by gov. 4% is "okay". It's easy, its liquid (2k a month withdrawal max and the rest go bank or branch) so i take it as emergency fund plus it's safer than leaving in savings. FD requires me to go bank and make accounts or queue and it's not liquid. 1% higher is not "yet" a good trade off unless it's permenant for the rest of my life. FD can easily buy later if needed. Hyperinflation? In Malaysia? Got think of it. But cost of living is still lowest. Can survive la. Moving overseas? I have one plan which i considering end of year that requires me to fly to Singapore for it. Plan to do it. 4-5% per year with quarterly dividend. But i need to fly there to sign up for it. Can wait la. ASM 1 first but the risk is the same. You need to park there and hope nothing happens. Which is more secure? ASM is still more secure and it's within reach and if i die, it can be pass on to my wife. Oversea one is harder to arrange coz it involves other country. Hence i still parking in Malaysia. Risk vs benefit. Ease vs difficulty. In the end ASM still give more in value. I sacrifice 1% yield for the gurantees, convenience and stability. That's my 2 cents... Don't kill me please

I will eventually consider EPF (just putting it out there) as it has the same gurantees, ease and stability and higher return but illiquid. 5 more years and i will then start moving funds into it. I don't see myself using a lot of money but i wanna leave the money liquid. 10 years is too "far" for me to be comfortable to lock the money up.

It's my opinion and 2 cents. Don't kill me.

This post has been edited by Wolves: Jan 14 2023, 12:48 PM

Just wondering why i change my mind suddenly in the past 3 nights? Coz US CPI index announcement which was as expected. This means that inflation is under control and the FED will go from hawkish (aggressive hike) to dovish (less aggressive and potentially reverse) stance. This is not financial advice. But what this means it's they are going to slow down the hike and eventually reduce. It is a good sign for the market (and ppl who loan or businesses) but not for people who harvest interest rates. In other words if that starts to happen, fixed deposit rates will weaken as bank needs to make money too. Sustainability is key. If they reduce interest rates then banks cannot afford to pay high interest to fixed deposits coz they wanna make money too. Will this happen instantly? No. They still will increase the interest rates a few more times this year and only starting to cut next year. So yes technically 1 year is a good bet. But the moment they start to cut back, money will flow back into stocks and bonds and mutual funds. So i am accumulating now before i have to play WWE with the rest of the ppl i am just lazy. So even though i don't expect good dividen this year (4% realistic target, 4.2% optimistic target and 3.8% pessimistic target), i believe next year we can see better outcome. Stocks which i do plan to go into and moving some overseas too, i believe i still got time coz the full effects of recession is not here "yet". Just explaining why i have sudden change of mind.

Now fishing asm1... 😂 Will try to buy another batch tonight at 2am. No interest in asm3 already

Sure can get. I got them 3 nights in a row last week. You just need to be awake at 2am.

If memory serves me right, it's asm3 and first 30k. I could be wrong

Discussion is more fun when more ppl from different viewpoint give inputs. So feel free to join. It's more of opinions and viewpoint. No right or wrong answer.

ASM1 harder to get all these years compare to asm3. Historically speaking ASM1 also gives better by a bit (1% or less) compare to the other two hence it's harder to get and more ppl holding it and not letting it go compare to the other two.

This post has been edited by Wolves: Jan 17 2023, 10:21 AM

Separate post for you. This morning 2am i try but got error. I guess thier maintenance is slower so error. I waited 30 minutes (plus minus 5 minutes) and try again and the units are gone. Tried at 3am (plus minus half hour coz i took a nap) and still none. Did the same at 4am (plus minus half hour coz i took another nap) and still 0. So i give up. I will try again tonight same pattern. Will update if i get any asm1.

I think no more units as well.

I will continue trying next few days so let's see when i can get it again.

And this is why i trying these few days. 😂 I estimate today or tomorrow they will sell more units coz it takes time to withdraw into bank account. And i am sure ppl who done this years upon years will know how crowded the banks or asnb are nearing CNY and they want to buy groceries and stuff for CNY before CNY. So if Friday is the last day of the Chinese calendar, they might want to see the money in the bank on Thursday. So today and tomorrow should be plentiful. "Should be".